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Be In The Know 2019 Benefits Open Enrollment: October 29 November - PowerPoint PPT Presentation

Oct 30, 2022 •6 likes •306 views

Be In The Know 2019 Benefits Open Enrollment: October 29 November 9, 2018 Help Is at Your Fingertips Contact the Benefits Advocate Center (844) 632-2197 Monday through Friday, 7 a.m. to 5:30 p.m. PT champion@hubinternational.com For

  1. Be In The Know 2019 Benefits Open Enrollment: October 29 – November 9, 2018

  2. Help Is at Your Fingertips Contact the Benefits Advocate Center (844) 632-2197 Monday through Friday, 7 a.m. to 5:30 p.m. PT champion@hubinternational.com For information on your benefits, go to sunrun.gobenefits.net .

  3. Go Benefits Website

  5. OE Webinars/In Person Meetings Webinars Webinar #1 – 10/29 at 11am PST Webinar #2 – 10/31 at 8am PST Webinar #3 – 11/6 at 2pm PST In-Person Meetings Scottsdale, AZ October 30, 2018 at 10 a.m. PT – Training Room 2 November 5, 2018 at 12 p.m. PT – Training Room 2 Denver, CO 1515 Arapahoe Office November 1, 2018 at 9 a.m. MT – Solar Cell November 1, 2018 at 2:30 p.m. MT – Solar Cell November 2, 2018 at 10 a.m. MT – Solar Cell Welton Office November 1, 2018 at 2:30 p.m. MT – The Eagles Design Office November 5, 2018 at 10 a.m. MT – Talking Heads San Francisco, CA November 1, 2018 at 10 a.m. PT – All Hands November 8, 2018 at 11:15 p.m. PT – All Hands

  6. News & Updates Health • We are changing medical, dental and vision plan contributions for all coverage tiers. For specific rates, please refer to your 2019 Benefits Guide, available on sunrun.gobenefits.net . • Company contribution to the HSA will be $500 for employee-only coverage and $1,000 for family coverage for the Cigna CDHP Option 1. • Elimination of One Medical • Tobacco Surcharge increased to $28 Good news! We are not making any other changes to our medical plans for 2019.

  7. News & Updates Work-Life We are introducing the confidential Maven Maternity program for expectant parents-to- be! • Access more than 1,000 women’s and family health specialists 24/7 via unlimited video chat and private message • Get advice from a personal concierge • Connect with other parents through the online community forum

  8. News & Updates Did you Work-Life know? We are extending the Weight Watchers program to spouses! Thanks to our combined Go to sunrun.gobenefits.net to request a code for contributions, Sunrun was three months free. named one of the healthiest employers in the Bay Area — keep up the good work!

  9. Healthcare Resources Available 24/7 Telehealth • Access licensed, board-certified doctors 24/7/365 by phone, online or video chat • Available for a flat fee or copay • Great for non-emergency issues • Two options: 1. Cigna medical plan members: Register at MDLIVEforCigna.com or call (888) 726-3171 Kaiser medical plan members: Call (800) 464-4000 or log into 2. kp.org

  10. Healthcare Resources Available 24/7 Tobacco Cessation LivingConnected Diabetes Program • Available through ComPsych • Available to all Cigna GuidanceResources medical plan members • Free and confidential at no cost • • Work with a health coach Provides diabetes management and testing to come up with a personalized plan that’s supplies right for you • Live, personalized health • Tobacco cessation drugs coaching available covered at 100% through the Cigna medical plans

  11. Health

  12. 2019 Medical Coverage For all employees: For employees in California: Cigna PPO Plan Kaiser HMO Base Plan Cigna Consumer Directed Health Kaiser HMO Buy-Up Plan Plan (CDHP) Option 1 with Health Savings Account (HSA) • Annual company HSA contribution of $500 (employee only) and $1,000 (family) Cigna CDHP Option 2 with HSA 12

  13. 2019 Medical Coverage – No changes Cigna PPO Plan Cigna CDHP Cigna CDHP Kaiser HMO Kaiser HMO 2019 Medical Coverage Option 1 Option 2 Base Plan Buy-Up Plan (CA Only) (CA Only) In-Network In-Network In-Network In-Network Only In-Network Only Annual Deductible • Employee $500 $2,000 $3,000 $750 $250 only • Family $1,000 $4,000 $6,000 $1,500 $500 Annual Out-of- Pocket Maximum • Employee $3,000 $3,500 $5,000 $3,000 $3,000 only • Family $6,000 $7,000* $10,000* $6,000 $6,000 Company HSA Contribution • Employee N/A $500 N/A N/A N/A only • Family N/A $1,000 N/A N/A N/A *This out-of-pocket maximum is embedded. With an embedded out-of-pocket maximum, the annual out-of-pocket maximum can be met on an individual basis. This means that once a family member meets his/her individual out-of-pocket maximum, the plan will begin to pay coinsurance for that family member. The individual embedded out-of-pocket maximum is $3,500 for the CDHP Option 1 and $6,850 for the CDHP Option 2.

  14. Advantages of the HSA Triple-Tax Advantage Savings Potential • Pre-tax contributions • Like a “healthcare 401(k)” • Tax-free growth • No use it or lose it rule • Tax-free withdrawals Portability Control • • You own the HSA Yours for life • You decide how to spend your money Uses • Can only be used for health Investment Opportunities care related expenses • Ability to invest after reaching minimum balance

  15. Prescription Drug Coverage Cigna Plans • Provided by Express Scripts and administered by RxBenefits • If you are enrolled in either CDHP1 or CDHP2, preventive medications — including tobacco cessation drugs — are covered at 100% • If you choose a brand-name drug when a generic equivalent is available, you will pay the higher brand-name copy plus the difference in cost between the generic and brand-name drug • Check your plan’s drug formulary at express-scripts.com • Home delivery available for maintenance medications • Get a 90-day supply delivered right to your door • Order refills easily by phone or online

  16. 2019 Dental & Vision Coverage – No Changes Dental Coverage: MetLife Vision Coverage: VSP Benefit Frequency In-Network Benefit Core Plan Buy-Up Plan Exam Every 12 $10 months In-Network In-Network Basic Lenses Every 12 Included in Annual months prescription Deductible glasses (single/family) $50/$150 $25/$75 Frames Every 24 $150 – $170 Annual $1,750 $3,000 months allowance plus Maximum 20% Preventive 100% 100% discount on amounts over Basic 90% 90% $160 allowance Major 60% 70% Contact Lenses Every 12 $140 allowance Orthodontia 50% 50% (in lieu of months glasses) Ortho. Lifetime $1,500 $1,500 Maximum 16

  17. Financial

  18. Sunrun 401(k) Plan • Sunrun matches 100% on You are automatically enrolled first 1% and 50% above 1% at a 4% deferral rate on the up to 6%. first of the month following 60 • days of service. To take full Save on a tax-deferred advantage of the company basis match, we encourage you to • Make contributions via change your contribution to convenient payroll 6%. deductions To change your contribution level or opt • Funds are tax-deferred until out of the Sunrun 401(k) Plan, log into you retire participant.empower-retirement.com . • Roth 401(k) (after-tax) option available

  19. Employee Stock Purchase Plan (ESPP) Open Enrollment Starts 11/1! Allows you to purchase shares of Sunrun stock at a discount through convenient, after-tax payroll deductions Contribute 1% to 15% of your base pay via payroll deductions Enrollment and Purchase Dates are every six months and occur in May and November • Each purchase will be at a 15% discount to the lower of the price on the Purchase Date and the price when you enrolled • Your price will "look back" to your enrollment date for up to 24 months Share in Sunrun’s success and invest in your financial future!

  20. Life, AD&D and Disability – No Changes Benefit Amount Basic Life and AD&D 1x annual base salary up to $250,000 Supplemental Life • • Employee $2 million • • Spouse 100% of employee coverage up to $500,000 • • Child(ren) Up to $20,000 STD 66.67% of annual base salary up to $2,500 per week LTD 60% of annual base salary up to $10,000 per month

  21. Flexible Spending Program – No Changes 2019 IRS Contribution Limit Healthcare FSA $2,700 Limited-Purpose FSA $2,700 (CDHP participants only) Dependent Care FSA $5,000 (or $2,500 if married and filing separately) Commuter Benefit Account Transit: $260 Parking: $260 Please note: You must use your commuter benefits debit account to pay for transit and parking expenses. You cannot pay out of pocket and be reimbursed.

  22. Other Financial Perks Tuition reimbursement Up to $3,000 per calendar year Fond employee discount program Discounts of 20 – 30% on more than 850 products, services and memberships Use “Request A Perk” to get discounts to your favorite places

  23. Work-Life

  24. Enhanced Voluntary Benefits: MetLife Critical Illness Accident • • Designed to complement Designed to complement your medical coverage your medical coverage • • Lump-sum payment Pays your benefit based upon diagnosis of certain on the injury and covered conditions treatment you receive • Use any way you want

  25. Enhanced Voluntary Benefits: MetLife Auto & Home MetLaw Plan • • Low monthly premium Auto and home insurance at discounted • Access to legal rates assistance for you and your family for: • Estate planning • Real estate • Family law • Consumer protection • And more

  26. Identity Theft Insurance: LifeLock Actively monitors for exposure of your personal data

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